vs

Side-by-side financial comparison of CMB.TECH NV (CMBT) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Monolithic Power Systems is the larger business by last-quarter revenue ($804.2M vs $592.8M, roughly 1.4× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 24.0%, a 8.2% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs -34.6%).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.

CMBT vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.4× larger
MPWR
$804.2M
$592.8M
CMBT
Growing faster (revenue YoY)
MPWR
MPWR
+60.7% gap
MPWR
26.1%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
8.2% more per $
CMBT
32.3%
24.0%
MPWR

Income Statement — Q4 FY2024 vs Q1 FY2026

Metric
CMBT
CMBT
MPWR
MPWR
Revenue
$592.8M
$804.2M
Net Profit
$191.2M
$193.2M
Gross Margin
55.3%
Operating Margin
46.4%
30.0%
Net Margin
32.3%
24.0%
Revenue YoY
-34.6%
26.1%
Net Profit YoY
-63.3%
43.1%
EPS (diluted)
$1.01
$3.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMBT
CMBT
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$751.2M
Q3 25
$737.2M
Q2 25
$664.6M
Q1 25
$637.6M
Q4 24
$592.8M
$621.7M
Q3 24
$620.1M
Q2 24
$507.4M
Net Profit
CMBT
CMBT
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$171.7M
Q3 25
$179.8M
Q2 25
$135.0M
Q1 25
$135.1M
Q4 24
$191.2M
$1.3B
Q3 24
$144.4M
Q2 24
$100.4M
Gross Margin
CMBT
CMBT
MPWR
MPWR
Q1 26
55.3%
Q4 25
55.2%
Q3 25
55.1%
Q2 25
55.1%
Q1 25
55.4%
Q4 24
55.4%
Q3 24
55.4%
Q2 24
55.3%
Operating Margin
CMBT
CMBT
MPWR
MPWR
Q1 26
30.0%
Q4 25
26.6%
Q3 25
26.5%
Q2 25
24.8%
Q1 25
26.5%
Q4 24
46.4%
26.3%
Q3 24
26.5%
Q2 24
23.0%
Net Margin
CMBT
CMBT
MPWR
MPWR
Q1 26
24.0%
Q4 25
22.9%
Q3 25
24.4%
Q2 25
20.3%
Q1 25
21.2%
Q4 24
32.3%
201.8%
Q3 24
23.3%
Q2 24
19.8%
EPS (diluted)
CMBT
CMBT
MPWR
MPWR
Q1 26
$3.92
Q4 25
$3.50
Q3 25
$3.74
Q2 25
$2.81
Q1 25
$2.81
Q4 24
$1.01
$25.71
Q3 24
$2.95
Q2 24
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMBT
CMBT
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$38.9M
$1.4B
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.2B
$3.7B
Total Assets
$3.9B
$4.4B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$38.9M
$862.9M
Q3 24
$1.5B
Q2 24
$1.3B
Total Debt
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Stockholders' Equity
CMBT
CMBT
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$3.5B
Q3 25
$3.4B
Q2 25
$3.2B
Q1 25
$3.1B
Q4 24
$1.2B
$3.0B
Q3 24
$2.4B
Q2 24
$2.2B
Total Assets
CMBT
CMBT
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$4.2B
Q3 25
$4.1B
Q2 25
$3.9B
Q1 25
$3.7B
Q4 24
$3.9B
$3.5B
Q3 24
$2.9B
Q2 24
$2.6B
Debt / Equity
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.20×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMBT
CMBT
MPWR
MPWR
Operating Cash FlowLast quarter
$204.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
$104.9M
Q3 25
$239.3M
Q2 25
$237.6M
Q1 25
$256.4M
Q4 24
$204.4M
$167.7M
Q3 24
$231.7M
Q2 24
$141.0M
Free Cash Flow
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
$63.9M
Q3 25
$196.8M
Q2 25
$189.5M
Q1 25
$216.0M
Q4 24
$102.9M
Q3 24
$197.9M
Q2 24
$109.5M
FCF Margin
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
8.5%
Q3 25
26.7%
Q2 25
28.5%
Q1 25
33.9%
Q4 24
16.5%
Q3 24
31.9%
Q2 24
21.6%
Capex Intensity
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
5.5%
Q3 25
5.8%
Q2 25
7.2%
Q1 25
6.3%
Q4 24
10.4%
Q3 24
5.5%
Q2 24
6.2%
Cash Conversion
CMBT
CMBT
MPWR
MPWR
Q1 26
Q4 25
0.61×
Q3 25
1.33×
Q2 25
1.76×
Q1 25
1.90×
Q4 24
1.07×
0.13×
Q3 24
1.60×
Q2 24
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons